Posted on 04/15/2024 7:13:27 AM PDT by Sam77
ROFL!!
Yep. Now that enough people have bought them and proven what crap they are, the jig is up big time.
Elon loves firing people, he walks around his plants and does it at random. His executives have said as much (off-the-record, of course) and he’s been caught on hot-mic bragging about it. The only thing he hates about these layoffs is that it makes him and his company look weak. A much bigger problem for Elon is that Tesla’s stock price is 1/3 the value that it was in December 2021.
As for the downfall of Tesla, this is where it starts. As soon as a company starts letting people go “to get stronger and re-focus our efforts”, it doesn’t stop. Companies like General Electric can put it off for years but the crash is coming. Elon knew last year that he was underwater and wasn’t coming back, that’s why he sold off $15 billion of his personal stock while telling his morons to keep theirs. He’s got the island fortress and offshore bank accounts all set up in case he has to run, or even just lay low for awhile. Anybody that held onto their stock when Elon started selling his is an idiot and I don’t feel sorry for them when it all crashes. It’s happening right now despite the flowery press-releases. Any CEO or executive will tell you that.
It’s fun to watch videos of Tesla events with Teslabots clapping and cheering for every outlandish promise and claim delivered by Musk.
Trained seals at the circus.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.